openPR Logo
Press release

Endocrine Testing Market Research Report by Key Players Analysis 2023

06-28-2017 02:08 PM CET | Health & Medicine

Press release from: Transparency Market Research

Endocrine Testing Market

Endocrine Testing Market

The global endocrine testing market demonstrates a highly oligopolistic business structure with top 5 participants, namely F-Hoffmann La Roche, Abbott Laboratories, Agilent Technologies, DiaSorin, and Siemens Healthcare, holding almost 90% of the overall market share, finds Transparency Market Research. In 2014, Roche emerged as the leading market player with a share of 23.1%. The wide range of products, including lab automation systems, analyzers, next generation sequencing platforms, and endocrine test kits, offered by the company assisted it to reach this position.

At present, the market is facing stiff competition between its key players, which is likely to intensify in the near future. Companies will need to focus on expanding as well as advancing their portfolios in order to remain in the competition.

This 138 page report gives readers a comprehensive overview of the Endocrine Testing Market. Unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/endocrine-testing-market.html

“The rapid increase in the obese population, as well as the patient pool suffering from diabetes, has influenced the adoption of various endocrine testing technologies and services,” says an analyst at TMR. Diabetes is primarily caused due to the lack of insulin in the human body. As insulin regulates the blood sugar levels of the body, regular monitoring of this hormone is very important in order to control its excess or deficiency, which, if ignored, can cause a negative impact on health. This factor has widened the scope for management of diabetes across the world, thereby influencing the adoption of efficient endocrine testing methods and services.

Obesity, which has been arising as a major healthcare epidemic, worldwide, is also providing a huge ground to endocrine testing for applications as it leads to a number of chronic diseases such as cardiovascular disorders, stroke, hypertension, cancer, and various diseases related to reproductive system.

On the whole, the demand for endocrine testing looks steadily increasing in the near future. However, the high cost associated with it and the dearth of awareness regarding this technology in emerging nation may hinder its adoption to some extent over the forthcoming years.

Get accurate market forecast and analysis on the Endocrine Testing Market. Request a sample to stay abreast on the key trends impacting this market: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1645

As estimated by TMR, the worldwide opportunity in endocrine testing, which was worth US$6.1 bn in 2014, is likely to rise at a CAGR of 8.50% during the period from 2015 to 2023 and reach a value of US$12.8 bn by the end of the forecast period.

Currently, North America is the key contributor to the revenue generated in this market. The region is expected to remain at the leading position throughout the forecast period, accounting for a share of 38.3% by 2023. On the other hand, Asia Pacific is likely to report the fastest CAGR of 10.30% between 2015 and 2023.

Based on the test, the thyroid stimulating hormone segment exhibited a significant demand in 2014; however, insulin testing is projected to emerge as the fastest growing segment over the forecast period. Commercial laboratories have gained prominence as the key end user of endocrine testing techniques and immunoassay is the mostly applied technology in this testing across the world.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact us:

Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Endocrine Testing Market Research Report by Key Players Analysis 2023 here

News-ID: 600177 • Views:

More Releases from Transparency Market Research

Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
In 2022, the worldwide 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 garnered a valuation of US$ 382.5 billion. Projections indicate a steady growth trajectory, with a compound annual growth rate (CAGR) of 13.1% anticipated from 2023 to 2031, ultimately culminating in a total valuation of US$ 1.1 trillion by the conclusion of 2031. Market analysts foresee a promising outlook characterized by the burgeoning prevalence of chronic diseases and the increasing adoption of smartphones and internet
Global Data Center Networking Market Set to Surge, Forecasted to Reach US$ 56.3 …
The Data Center Networking Market is poised for remarkable growth, driven by the burgeoning demand for cloud-native applications and the rapid adoption of data center virtualization and cloud computing. With an estimated value of US$20.6 billion in 2021, the market is projected to surge at a robust CAGR of 10.8% from 2022 to 2031, reaching a staggering US$56.3 billion by the end of 2031. Get Sample Copy of This Report at:

All 5 Releases


More Releases for Endocrine

Endocrine Testing Market Growth Is Attributed to Increasing Prevalence of Endocr …
Endocrine testing is an important diagnostic technique used to identify endocrine hormone level in the human body. It is utilized to diagnose hormone-related illnesses. Endocrine system consists of various glands such as pituitary gland, thyroid, pancreas, hypothalamus, and adrenal glands. Hormones secreted by these glands are used to maintain various biological functions of the body. Thus, imbalance in the concentrations of hormones may lead to certain conditions. Endocrine testing is
Endocrine Testing Market Growth Is Attributed to Increasing Prevalence of Endocr …
Endocrine testing is an important diagnostic technique used to identify endocrine hormone level in the human body. It is utilized to diagnose hormone-related illnesses. Endocrine system consists of various glands such as pituitary gland, thyroid, pancreas, hypothalamus, and adrenal glands. Hormones secreted by these glands are used to maintain various biological functions of the body. Thus, imbalance in the concentrations of hormones may lead to certain conditions. Endocrine testing is
Endocrine testing market is driven by the increasing incidences of endocrine dis …
The endocrine system comprises of the endocrine glands such as the pituitary, thyroid, pancreas, adrenal, etc. These glands secrete hormones that regulate the body’s metabolism, growth, sexual development, and function. Endocrine tests help in assessing the normal functioning of the endocrine gland by checking the hormone levels. Get a sample report @ https://www.alliedmarketresearch.com/request-toc-and-sample/306?utm_source=openpr&utm_medium=Niranjan The tests detect the imbalance in hormonal levels. The various tests, their advantages, and uses are described
Endocrine Testing Market - Size, Share, 2026
Endocrine testing procedure consist of measuring concentration of endocrinal hormones in blood or urine. These hormones are precise marker for presence of endocrinal disease such as hypo/hyperthyroidism, infertility etc. Various endocrine glands present in body include pituitary glands, thyroid glands, hypothalamus, pancreas, and adrenal glands. Any imbalance in the hormones secreted by this glands leads to certain disorder therefore they are important marker to diagnose certain condition. Get PDF Research Brochure
Endocrine Testing Market: Research Methodology
The global endocrine testing market features a fairly oligopolistic structure with the top five players occupying a combined market share of 90.0% in 2014, finds Transparency Market Research (TMR). These companies are Siemens Healthineers, DiaSorin, Agilent Technologies, Abbott Laboratories, and F. Hoffmann-La Roche AG. Among the leading players, Roche emerged as the dominant players in 2014. The leading companies are developing advanced lab automation systems, next-generation sequencing platforms, endocrine test
Global Endocrine Testing Market: Regular Monitoring of Endocrine in Management o …
The global endocrine testing market features a fairly oligopolistic structure with the top five players occupying a combined market share of 90.0% in 2014, finds Transparency Market Research (TMR). These companies are Siemens Healthineers, DiaSorin, Agilent Technologies, Abbott Laboratories, and F. Hoffmann-La Roche AG. Among the leading players, Roche emerged as the dominant players in 2014. The leading companies are developing advanced lab automation systems, next-generation sequencing platforms, endocrine test